Get started
CFDs on WTI Crude OilCFDs on WTI Crude OilCFDs on WTI Crude Oil

CFDs on WTI Crude Oil

No trades
See on Supercharts
Overview News
Ideas
Discussions Seasonals

USOIL trade ideas

WTI Update | Oil CrashSince the last update we were able to perform about two to three swing trades. One from $70 - $79, and from $79 to $68. The next move I'm looking for is another short position from current market price ~($62) to swing to the next major low $33. We saw a rejection last week and we're currently pulling back to retest the little selloff we had. Could say this next local move will look to selloff mid week making its way back to $57 which would be a nice short term swing. The $33 target would be the long term swing of course and moving on I would like to see a break below $57 and a retest.
OANDA:WTICOUSDShort
by Nathanl19
WTI Crude Oil Price Targets Fresh GainsWTI Crude Oil Price Targets Fresh Gains WTI Crude oil prices are gaining bullish momentum and might even test $63.50. Important Takeaways for WTI Crude Oil Price Analysis Today - WTI Crude climbed above the $60.90 and $61.50 resistance levels. - There is a key rising channel forming with support at $61.30 on the hourly chart of XTI/USD at FXOpen. WTI Crude Oil Price Technical Analysis On the hourly chart of WTI Crude Oil at FXOpen, the price started a fresh upward move from $60.10 against the US Dollar. The price gained bullish momentum after it broke the $60.90 resistance. The bulls pushed the price above the 50% Fib retracement level of the downward move from the $63.45 swing high to the $60.08 low. The price even climbed above the 50-hour simple moving average. It tested the $62.15 resistance zone and the 61.8% Fib retracement level of the downward move from the $63.45 swing high to the $60.08 low. There is now a key rising channel forming with support at $61.30. The RSI is now near the 50 level and the price could aim for more gains. If the price climbs higher again, it could face resistance near $62.15. The next major resistance is near the $62.65 level. Any more gains might send the price toward the $63.45 level or even $65.00. Conversely, the price might correct gains and test the $61.30 support level. The next major support on the WTI crude oil chart is near the $60.90 zone, below which the price could test the $60.10 zone. If there is a downside break, the price might decline toward $58.50. Any more losses may perhaps open the doors for a move toward the $55.50 support zone. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
FXOPEN:XTIUSD
by FXOpen
1
WTI Oil H4 | Potential bullish bounceWTI oil (USOIL) is falling towards an overlap support and could potentially bounce off this level to climb higher. Buy entry is at 60.44 which is an overlap support that aligns with the 38.2% Fibonacci retracement. Stop loss is at 57.60 which is a level that lies underneath a swing-low support and the 61.8% Fibonacci retracement. Take profit is at 63.68 which is a multi-swing-high resistance. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (tradu.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd (tradu.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Global LLC (tradu.com): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to Tradu (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of Tradu and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of Tradu or any form of personal or investment advice. Tradu neither endorses nor guarantees offerings of third-party speakers, nor is Tradu responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
TRADU:USOILLong
by Tradu
USOIL Weekly Analysis – Major Breakdown and Retest in PlayAfter several months of holding firm, USOIL has finally broken below its key support zone around $67–$70, which had acted as a floor since mid-2021 . This is a significant technical development, and the current price action is showing a classic bearish retest of that broken structure. Technical Breakdown: Support Broken: The $67–$70 zone was tested multiple times over the past 2 years. Price has now cleanly broken through it and is struggling to reclaim it. Retest in Progress: Price is currently hovering around $62.36 and failing to push back above the broken support. This retest is textbook and could confirm further downside. Market Structure: Lower highs and lower lows dominate the weekly chart = clear bearish trend. Bearish Targets: Target 1: $53.50 – Previous minor demand zone from 2021. Target 2: $41.50 – Strong historical support and potential major bounce area. Invalidation Zone: If price closes above $70 on the weekly chart, the breakdown would be invalidated and we’ll reconsider our bias. Confluence: Broken multi-year support Bearish retest on weekly timeframe Clear downside liquidity below Summary: Bias: Bearish Setup: Short on confirmation of rejection below $67 Timeframe: Weekly / Daily This is a high-probability setup if the rejection continues. Look for further bearish price action on the daily or 4H chart for refined entries. As always, manage risk carefully . Like & Follow for more clean, high-timeframe breakdowns!
FX:USOIL
by Mrshazee
4
USCRUDEOIL - Potential Sell (Day Trading)Hi traders, Next week I am looking to SELL CMCMARKETS:USCRUDEOIL . Price Action Analysis: 4hr Chart: Price has been forming higher highs and higher lows, but has now broken a key support level (previous buyer zone), which may indicate a shift to seller control. We need to check the lower time frames to confirm if this supports a bearish bias. 1hr Chart: After breaking the buyer zone, price has started forming a new bullish structure. If this structure fails, it could confirm a sell setup. Stay on standby. Lower timeframe: Timing for entry Good Luck STUDY, STUDY, STUDY. Lorenzo Tarati :)
CMCMARKETS:USCRUDEOILShort
by tarati.lorenzo